Tech Company Financing Transactions
Karmic Funding Round
Alsop Louie Partners, Arbor Ventures and Greycroft Partners participated in a $17.2 million Series B venture round for Karmic. The funding round was announced by the company on 7/20/2017.
Transaction Overview
Company Name
Announced On
7/20/2017
Transaction Type
Venture Equity
Amount
$17,200,000
Round
Series B
Investors
Proceeds Purpose
This investment propels Karmic to the next stage of growth, and adding Wei and Jim's expertise to our board will help us get there quicker.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
1600 Bryant St.
San Francisco, CA 94103
USA
San Francisco, CA 94103
USA
Phone
Website
Email Address
Overview
The Karmic system allows for employees to request specific amounts of cash for specific events. Managers can easily approve. Employers have organizational oversight.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mario Furgiuele
Chief Financial Officer
Chauncey Dewey
Chief Technical Officer
Garrett Blythe
Vice President
Kelly Lazzara
VP - Bus. Development
Stephen Grivakes
VP - Marketing
Tara Bonnell
Browse more venture capital transactions:
Prev: 7/20/2017: Simplify Medical venture capital transaction
Next: 7/21/2017: Intelligent Clearing Network venture capital transaction
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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